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October 6, 2005

Business News: KPMG in Wonderland

From the WSJ:

The trial of nine defendants in the KPMG tax shelter case is due to get under way soon in New York. All nine -- eight former KPMG partners and one outside lawyer -- have pleaded not guilty, despite an admission of wrongdoing by the company and a pledge by KPMG to cooperate with the government. The closer we've looked at this case, however, the more troubling it seems as a matter of tax law and due process.

LINK to rest of article (UIUC Net ID & Password Required)

Posted by Becky at October 6, 2005 10:58 AM Posted to Corporate Governance